Something sure stinks here. It's not like there could have been a huge discrepancy in expected income. For a loan to go into default (Not just a little behind) that soon takes some work. Possibilities:
A) Financial end of the venture are the biggest morons ever assembled.
B) It was set up to fail by any number of groups. ie Government, investment group etc.
C) Someone is blowing smoke to get more of the good Minesotans to ante up.
B and C, maybe both, look like the answer.
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